SEC seeks an early victory in lawsuit against Canadian messenger firm Kik for $100 million ICO in 2017. The United States Securities and Exchange Commission (SEC) has requested an early summary judgment in its lawsuit against Kik over the messaging company’s $100 million KIN initial coin offering (ICO) during 2017. The SEC first brought its…
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The Atari Group will conduct a token sale in March and launch a cryptocurrency casino. Legendary video game company the Atari Group will conduct an initial coin offering aimed at launching a cryptocurrency casino. Atari was founded in 1972 in Sunnyvale, California, though ownership has changed hands several times since then. The company currently belongs…
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Jeffrey Wernick discussed Bitcoin, Ethereum, Wall Street and Google with Cointelegraph China’s new Focus talk show. Welcome to Cointelegraph China Focus. Focus is a new talk show series launched by Cointelegraph China that covers the hottest topics from around the world. Cointelegraph China Focus invites blockchain industry leaders from all around the globe to participate…
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U.S. firm Alternet Systems (ALYI) is preparing to launch a $100 million ICO intended to fund electrical vehicle production for the African market. Alternet Systems Inc (ALYI), an energy storage, military application, and electric motorcycle firm, has entered into a new partnership to launch a cryptocurrency dedicated to funding electric vehicle projects in Sub-Saharan Africa,…
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What would you choose: the good old-fashioned venture capital investment, or the brand new technology that is yet to prove its right for existence? In a world where blockchain technology is rapidly breaking barriers and disrupting industries one at a time, the emergence of new models to replace classical crowdfunding ventures is just a matter…
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A Georgia court has dismissed charges against the rapper T.I. for securities fraud in relation to his 2017 FLiK ICO. On March 3, District Judge Charles Pannell dismissed a lawsuit claiming securities fraud charges against rapper ‘T.I.’ for selling FLiK tokens for his company’s initial coin offering (ICO) during August 2017. The judge failed to…
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After facing delays, $257 million ICO Filecoin expects to launch its mainnet in Q3 2020, with Gemini offering custody support. After facing multiple delays, Filecoin (FIL) is now looking toward a mainnet launch in Q3 2020 — which will be supported by a Gemini exchange custody solution. Filecoin will send ICO participants their FIL coins…
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With the final verdict on TON expected before April 30, most crypto analysts believe that the court’s decision will favor the U.S. SEC. The United States Commodity Futures Trading Commission has recently weighed in on the Security and Exchange Commission’s ongoing legal battle with Telegram by filing a letter that contained its views on the…
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Decentraland recently launched its virtual reality world, seeing $1 million in land sold on its digital arena. Almost three years after its ICO, Decentraland has opened its platform — a virtual world in which participants buy and sell fake land, as well as construct buildings. Over the past ten days, Decentraland gamers have purchased over…
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A New York judge has extended the restraining order that prohibits Telegram from distributing its Gram tokens. Following a two-hour hearing, a New York federal judge has extended the restraining order that prohibits Telegram from distributing its Gram tokens. On Feb 19, Judge P. Kevin Castel of the US District Court for the Southern District…
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